Samyuktha Sriram - Profile and Journalist Details
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Samyuktha Sriram
Verified
Cryptocurrency Reporter, Unchained
Sydney
Beats
Eastern Europe , Caucasus And Central Asia , Russia
Fashion, Entertainment
Content
By Samyuktha Sriram Verified| Unchained Crypto Verified Tether has dismissed claims in a report by the Wall Street Journal that it is being investigated by New York prosecutors over whether its stablecoin has been used by third parties involved in illegal activities such as the drug trade, terrorism, and hacking to fund those activities or launder their proceeds.
By Samyuktha Sriram Verified| Unchained Crypto Verified Bitcoin balances on over-the-counter (OTC) desks hit a two-year high of 368,000 BTC in August, according to data from CryptoQuant, marking a 70% increase in balances over the last three months. CryptoQuant analyst “EgyHash” noted that the substantial rise could imply miners are selling their coins, seeing as they often turn to OTC desks for better execution prices. “Historically, increases in Bitcoin OTC desk balances have been associated with declines in Bitcoin prices,” said EgyHash.
By Samyuktha Sriram Verified| Unchained Crypto Verified Tether has dismissed claims in a report by the Wall Street Journal that it is being investigated by New York prosecutors over whether its stablecoin has been used by third parties involved in illegal activities such as the drug trade, terrorism, and hacking to fund those activities or launder their proceeds.
Company Info
Unchained
Your no-hype resource for all things crypto. By Laura Shin.
PRINCE, New York, United States
'+1 917-675-4882
Founded: 2016